The Most Affordable Neighborhoods in Cherry Point, NC by Home Value

 

Cherry Point, NC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cherry Point area can be challenging. Home prices in Cherry Point are now at a median cost of $164,878, lower than the North Carolina average of $226,477.

The average cost of rent is $1,348/mo in Cherry Point, primarily driven by the current value of real estate in the Cherry Point area. While nearly 39.00% of residents own their homes outright in Cherry Point, 90.78% rent.

Housing affordability isn’t just about home prices, though. The average household income in Cherry Point is $4,765 per month. Households that rent pay about 28.30% of their income on rent here. Cherry Point's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.


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